Energia
Valmet's co-determination negotiations for temporary lay-offs are completed
The negotiations concerned in total about 940 employees out of 1,680 employed by the Services business line and EMEA area organization in Finland . Valmet estimated at the start of the negotiation process that the need for temporary lay-offs would be around 360 employees at this stage. The negotiations concerned all personnel groups.
The co-determination negotiations have now been completed, and as a result at this stage altogether 372 employees, 227 in the Services business line and 145 employees in the EMEA area organization in Finland will be temporarily laid-off due to low workload. The lay-offs concern all employee groups.
The lay-offs can be implemented until the end of April, 2021 and the scope and length of a lay-off can vary up to 90 days at maximum per person. The lay-off procedure will start next week (week 50) in those units where workload has declined.
Valmet employs in Finland around 5,200 employees.
VALMET
Corporate Communications
For further information, please contact:
Aki Niemi , Business Line President, Services, Valmet, tel. +358 40 515 1145
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https://news.cision.com/valmet-oyj/r/valmet-s-co-determination-negotiations-for-temporary-lay-offs-are-completed,c3247580
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https://news.cision.com/valmet-oyj/r/valmet-s-co-determination-negotiations-for-temporary-lay-offs-are-completed,c3247580